Brief: CFE FY EBITDA Up At 537.8 Million Euros

Compagnie dentreprises CFE SA

28/02/2022 06:22

Feb 28 (Reuters) - Compagnie d'entreprises CFE SA  CFEB.BR :
    * 
    * FY ORDER BOOK AT A RECORD LEVEL : € 7.5 BILLION
    * FY NET FINANCIAL DEBT DOWN SIGNIFICANTLY : - € 96 MILLION
    * FY EBITDA (PRO-FORMA) EUR 537.8 MILLION VERSUS EUR 414.7
MILLION
YEAR AGO
    * FY REVENUE PRO FORMA EUR 3.64 BILLION VERSUS EUR 3.22
BILLION
YEAR AGO
    * IN 2022 CFE EXPECTS MODERATE GROWTH IN REVENUE AND TO
MAINTAIN A
HIGH LEVEL OF NET PROFIT FOR ITS CONTINUING ACTIVITIES
    * IN 2022 CFE CONTRACTING SHOULD REPORT FURTHER GROWTH IN
ITS
ACTIVITY AND CONTINUE TO IMPROVE ITS OPERATIONAL PERFORMANCE
    * IN 2022 BPI'S NET RESULT SHOULD REMAIN AT A HIGH LEVEL,
ALBEIT
LOWER THAN IN 2021.
    * NET FINANCIAL DEBT WAS € 86 MILLION AS AT 31 DECEMBER
2021,
WHICH IS DOWN 19% COMPARED TO 2020
    * IN 2022: BARRING A WORSENING OF HEALTH SITUATION, HOLDING
DIVISION SHOULD BENEFIT FROM RECOVERY OF BUSINESS IN VIETNAM AND
INCREASE CONTRIBUTION TO GROUP’S NET INCOME
    * NET INCOME WAS € 13.9 MILLION IN 2021, DISPLAYING AN
UPTURN OF
152.7% COMPARED TO 2020


Further company coverage:  CFEB.BR 

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